Seattle-area home prices experience fastest drop in U.S.

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Home prices in the greater Seattle area are falling faster than anywhere else in the U.S., our online news partner The Seattle Times reported.

Single-family home costs across the Seattle metro area declined 1.3 percent in September from a month prior, according to the Case-Shiller home-price index, released Tuesday. That follows a 1.6 percent drop the month before, and a 0.5 percent drop the month before that. No other metro area saw prices tick down more than 0.3 percent in the past month, The Times said.

Home prices are at $473,000 in Snohomish County, $335,000 in Pierce County and $334,000 in Kitsap County, all down slightly from the high-water marks set earlier this year.

You can read more in The Times story here.

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